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The High Court has been told that the state-owned Estate Management and Business Development Company Ltd (EMBD) is currently operating without a board of directors, following the resignation of its previous board after the recent change in government.

At a case management hearing before Justice Frank Seepersad on June 17, King's Counsel Andrew Hunter, who represents EMBD, said the board stepped down on April 28, shortly after the general elections. Since then, no new board has been appointed.

Hunter said this situation has created short-term challenges for EMBD, especially when it comes to approving legal documents and spending on expert advice for the case.